Raising a family and investing for retirement are not tasks that constantly have to be at odds with one another. Today Kevin Foster, CFP discusses how to make the most of your money while raising a family and trying to save for your future retirement goals.
You’re Not Your Loved Ones’ Bank
Say ‘no’ to loan requests and protect your wealth—and relationships. Some people may treat you differently when you’ve acquired substantial wealth. Chalk it up to human nature, but you might find an unusual friendliness mixed with the occasional request for funds—a loan, a gift, a pledge, or some other way to spend your money Saying “no” is often the right …